Hermes thrives amid luxury market turmoil
Edited By WION Video Desk
Published: Feb 16, 2025, 07:45 IST | Updated: Feb 16, 2025, 07:45 IST
Luxury fashion giant Hermes posted better-than-expected fourth-quarter sales, reinforcing its resilience amid a broader slowdown in the high-end retail sector. The company reported a 17.6% year-on-year revenue increase at constant exchange rates, reaching $4.15 billion. Full-year sales climbed 14.7%, signaling continued strength despite macroeconomic headwinds. Watch in for more details!
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